Feb 28, 2013

Google Alert - Business

News28 new results for Business
 
China's Manufacturing Expands at Below-Forecast Pace: Economy
Bloomberg
Two Chinese manufacturing indexes showed a slower-than-estimated pace of expansion, a signal the nation's economic recovery may be losing steam. The official Purchasing Managers' Index was 50.1 in February, the weakest in five months and down from ...
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Households Return to Borrowing Ways
Wall Street Journal
Americans late last year took on more debt for the first time since the throes of the recession, a sign that consumers are feeling more comfortable borrowing after years of cutting debt to fix their finances. Household debt, which includes mortgages, credit cards, ...
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Wall Street Journal
Freddie Mac Posts Its Largest Profit Ever Last Quarter
Wall Street Journal
Freddie Mac, buoyed by the housing market's rebound and an improving economy, reported an $11 billion annual profit for 2012 on Thursday—its largest ever annual gain and first profitable year since 2006. Freddie's profit compares with a year-earlier loss of ...
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Sears Slows, but Does Not Reverse, Its 6-Year Descent
New York Times
Sears Holdings posted a smaller fourth-quarter loss on Thursday than a year earlier as the retailer reduced its inventory and expenses while sales at its namesake stores rose slightly. Enlarge This Image ...
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Gap boosts 2013 dividend; fourth-quarter tops Street
Reuters
Thu Feb 28, 2013 6:39pm EST. (Reuters) - Gap Inc's (GPS.N) fourth-quarter profit beat estimates, helped by higher comparable store sales in North America and the apparel retailer raised its dividend for this year by 20 percent to 60 cents. The company's ...
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Hof's Hut closes at Long Beach Marina after 51 years
Los Angeles Times
Lupita Becerra turned 15 in 1990 and took a hostess job at Hof's Hut, a mid-century Long Beach coffee shop as well known among locals as the Queen Mary. Her folks didn't own the brick-accented diner under the black-and-white awnings, but it was still to ...
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Herbalife to let Icahn add two directors to board
Los Angeles Times
Herbalife Ltd. said it will add two more directors to its board and allow them to be picked by billionaire activist investor Carl Icahn, who is now one of the nutritional product maker's biggest shareholders. Icahn has backed Herbalife in its fight against hedge ...
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Groupon, Gap shares gain in trading after hours
MarketWatch
LOS ANGELES (MarketWatch) — Groupon Inc. shares climbed Thursday evening after the daily-deals site ousted its chief executive, and better-than-expected quarterly results from Gap Inc. were followed by a rise in the retailer's shares. Groupon shares rose ...
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MarketWatch
Indian ADRs Post Biggest Drop in a Week on Budget Concerns
Bloomberg
Indian shares traded in New York dropped the most in a week, following shares in Mumbai lower, amid concern the nation's budget lacks measures to curb expenditure key to containing the fiscal gap. Stock futures fell in Singapore and rupee forwards sank to ...
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Wheat Set for Longest Rally in Six Weeks on Higher U.S. Sales
Bloomberg
Wheat advanced for a fourth day, the longest rally in six weeks, as spot prices traded at a discount to corn and importers locked in supplies before the U.S. harvest, the world's largest. Wheat for May delivery climbed as much as 0.9 percent to $7.2125 a bushel ...
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Best Buy Talks With Founder Richard Schulze Said to Have Ended
Bloomberg
Talks between Best Buy Co. (BBY) and founder Richard Schulze ended after he and private equity investors sought three board seats in exchange for buying a minority stake in the world's largest consumer electronics retailer, two people familiar with the ...
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What to watch in Buffett's annual Berkshire shareholder letter
MarketWatch
Warren Buffett's annual shareholder letter is due out Friday afternoon along with Berkshire Hathaway's annual report. Buffett took over Berkshire in 1965 and his yearly dispatch has long been a must read for professional and amateur investors alike.
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Dow Hangs Under Record High as Sequester Looms
CNBC.com (blog)
Washington's budget wrangling and a slew of data gets March off to a busy start, as traders watch the Dow to see if it can take another run at record highs. Stocks sold off into the close Thursday, after the Dow came within 15 points of its all-time closing high of ...
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CNBC.com (blog)
US military clears F-35 Joint Strike Fighter to fly
CNN
Washington (CNN) -- The U.S. military cleared the F-35 fighter jet to fly again after the fleet of jets were temporarily grounded. The jets, that are designed for use by the Navy, Air Force and Marines, were grounded on February 21 due to a crack in an engine ...
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Cablevision: Sandy hit 4th quarter results
Newsday
Cablevision Systems Corp., the fifth-largest U.S. cable provider by subscribers, posted higher fourth-quarter earnings Thursday thanks to a lawsuit settlement, but its revenue slipped, hurt by superstorm Sandy. "The enormous challenges of superstorm Sandy ...
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Newsday
Leonsis tapped to lead Groupon after shake-up
Washington Post
Washington mogul Ted Leonsis was named co-chief executive of Groupon, the troubled daily-deals Web site that fired its chief executive and founder Thursday after a string of disappointments culminated in a big earnings miss this week. Leonsis, a major ...
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BOJ Seen Spiking Punchbowl in April Under New Governor Kuroda
Bloomberg
The Bank of Japan (8301) may add monetary stimulus as early as April as prospective governor Haruhiko Kuroda looks to demonstrate a more aggressive approach to tackling 15 years of falling prices. Kuroda, the current Asian Development Bank president, ...
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Rio Tinto, Mongolia wrangle on Oyu Tolgoi costs but keep mine on track
Reuters
MELBOURNE, March 1 | Thu Feb 28, 2013 9:49pm EST. MELBOURNE, March 1 (Reuters) - Rio Tinto said on Friday it had failed to resolve cost disputes with Mongolia over the $6.2 billion Oyu Tolgoi copper and gold mine in talks this week but the two sides ...
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The Clock Is Ticking On Ron Johnson's JC Penney Debacle
Forbes
Corporate turnarounds are difficult, and they take time. But ultimately management is evaluated on results, not ideas. How long will it be until J.C. Penney Chief Executive Ron Johnson needs to start showing more of the former, instead of promising the latter ...
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Forbes
Flowers Wins Hostess Bid
Motley Fool
On Thursday, Flowers Foods (NYSE: FLO ) confirmed that the $360 million "stalking horse" bid it entered for Hostess bread brands Wonder, Nature's Pride, Merita, Home Pride, and Butternut, along with 20 bakeries to bake them in, and approximately 38 ...
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Economy grew slightly in 4Q, revised data show
Washington Post
The U.S. economy didn't shrink at the end of last year after all, according to revised government data released Thursday, but it barely grew. The updated estimate of the nation's gross domestic product showed it expanded at an annual rate of 0.1 percent ...
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California gasoline excise tax to rise
San Francisco Chronicle
The statewide excise tax on gasoline will rise by 3.5 cents to 39.5 cents per gallon starting July 1. The California Board of Equalization approved the increase by a 3-2 vote Thursday. This is by far the biggest annual increase since the Legislature approved a ...
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Class action lawsuit filed against Citizens
MiamiHerald.com
PLANTATION, Fla. -- A potential class-action lawsuit filed against the state-backed Citizens Property Insurance Corp. alleges the company purposefully deprived customers of windstorm mitigation discounts through an arbitrary re-inspection program that ...
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Arlington 43, Gonzaga Prep 40
San Francisco Chronicle
GONZAGA PREP (40). Harrington 2, Hoffman, Stockton 12, Caudill 6, Gildon 9, Weir 6, Leland 5, Gregory. Totals 14-54 10-16 40. ARLINGTON (43). L.Brown 13, Showalter 7, Ludwig 7, W.Brown 5, Russ 4, Grahm 3, Janousek, Letherman 4. Totals 14-37 10-18 ...
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Jobless claims in fell more than forecast last week
Ct Post
Fewer Americans than forecast filed applications for unemployment benefits last week, showing companies were looking beyond looming government spending cuts and maintaining staffing. Jobless claims decreased by 22,000 to 344,000 in the ...
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Texas Study Points To A Longer Natural Gas Boom
NPR
There are few things in life more joyful than discovering a giant oil or natural gas field in Texas. You're suddenly rich beyond your wildest dreams. When the scope and size of the natural gas reservoir in the Barnett Shale in North Texas first became apparent, ...
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NPR
FEMA grants New Jersey request to extend deadline for Sandy aid to April 1
Press of Atlantic City
Victims of Hurricane Sandy now have until April 1 to register for individual disaster aid through the Federal Emergency Management Agency. A spokesman for Gov. Chris Christie's office said Thursday afternoon that the state had just received word from FEMA ...
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Professor: New Chrysler jobs won't be easily filled
Fox 59
Chrysler has announced a multi-million dollar investment that will bring hundreds of new jobs to Central Indiana, but it will need help finding enough qualified workers to make it a reality. The automaker has committed to investing $374 million in order to ...
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Fox 59

Blogs12 new results for Business
 
Groupon CEO Andrew Mason's Honest ... - Business Insider
By Nicholas Carlson
"If you're wondering why... you haven't been paying attention."
Business Insider
Seth MacFarlane Boobs Song Angered ... - Business Insider
By Aly Weisman
I was with a number of women in the movie business who were shocked that that's what the Academy Awards chose to emphasize when really what we should be doing is promoting growth to our business and what's great about our business.
The Wire
Now Amazon Veterans Are Running Groupon - Business Insider
By Owen Thomas
They're likely to steer the company away from Andrew Mason's vision.
Advertising
What It Means When We Take Selfie Photos - Business Insider
By Owen Thomas
Relax. Recording your own image is human nature.
SAI
Cloud users redirect cash saved to business innovation, staffing ...
By Sam Shead
Businesses are taking cloud savings and reinvesting them in other parts of the business including innovation and new staff, according to research.
on TechRepublic
Mobile Payments Brighten Cash Flow for Small Business - AllThingsD
By Angus Loten and Emily Maltby
Owners of small businesses say they're finding that mobile-payment devices and other technologies are making it easier for them to turn sales into working capital overnight.
AllThingsD
Here's What Apple Shareholders Thought Of Tim ... - Business Insider
By Poornima Gupta
"I don't think Steve Jobs would have left him in charge if he didn't believe in him."
SAI Contributors
Gmail Script To Bounce Long Emails - Business Insider
By Dylan Love
A short while later, one of Mason's own employees, software engineer Robert Boyd, replied with a solution. Boyd created a Gmail script that automatically replies to any email longer than 50 words (or any length of your choosing) with a polite ...
Business Insider
Burglars Shot by Grand Prairie Business Owner: Police | NBC 5 ...
By MARK SCHNYDER
A Grand Prairie business owner stopped a couple of burglars in their tracks early this morning and shot them according to police.
NBC 5 Dallas-Fort Worth - Top Stories
City, UNM move on business creation
By Matt Mauro
The city of Albuquerque says it's moving forward with a big economic development plan that's expected to bring jobs to the area.
KRQE News 13 - Top Stories
How to Build a Successful Social Business | Visual.ly
By inxpo
75% of employees don't know your strategy. How social business fixes that with active engagement, interactivity and more.
Visual.ly
NY Fed: Student Loans Presentation - Business Insider
By Sam Ro
US student loan debt has soared to $966 billion, nearly tripling from 2004 to 2012, according to new data from the New York Federal Reserve. The Fed offers five reasons to explain this trend: More people attend college and graduate school ...
Money Game

Web5 new results for Business
 
A Citi Hedge Fund Business Prepares for Life on Its Own - NYTimes ...
One of Citigroup's internal hedge fund units is spinning off, free from its corporate parent and the restrictions that have come with new banking regulations.
dealbook.nytimes.com/.../a-citi-hedge-fund-business-prepares-...
ASIA MARKETS: Asia Stocks Slip Back After Big Rally | Fox Business
Asian stock markets slipped Friday to start the new month on a broadly downbeat note, with a pair of lackluster manufacturing surveys from China doing little to ...
www.foxbusiness.com/.../asia-markets-asia-stocks-slip-back-aft...
Founders of local chain b.good plan regional expansion - Business ...
The founders of b.good, a Boston chain of nine farm-to-table burger and fry joints, are launching an ambitious campaign to spread their feel-good fast food in two ...
bostonglobe.com/business/2013/02/28/...plan.../story.html
Got Marketing Jargon-itis? - Yahoo! Small Business
From Yahoo! Small Business Advisor: Jargon gets between you and your customer and it's one of the biggest challenges in marketing messaging today, ...
smallbusiness.yahoo.com/.../got-marketing-jargon-itis-kill-kills...
EA's microtransaction business benefits gamers | N4G
Digitally Downloaded writes: "This is a much more flexible payment model that companies like EA are venturing into now, and in the longer term, the healthier ...
n4g.com/news/.../eas-microtransaction-business-benefits-game...


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